Posts by Ketevan Lapachi:

Opinion

Georgian Competition Way to EU

by | Nov 14

  “Antitrust laws … are the Magna Carta of free enterprise. They are as important to the preservation of economic freedom and our free-enterprise system as Bill of Rights is to the protection of our fundamental personal freedoms.” (The Supreme Court, United States v. Topco Associates, Inc. 1972)   Georgia heads towards integration into the EU, Georgia is a member of the World Trade Organisation, and enjoys the status of a full member or observer of many bilateral, regional or multilateral agreements and international organisations. Consequently,Georgiahas certain obligations in the light of regulation of domestic legal framework for trade and competition with due consideration of international principles and best practice and first of all rules and principles of the EU, WTO, UNCTAD, OECD.  Observance of these commitments obliges the countries: - To adopt, improve and efficiently enforce the respective legal acts; - To base legislation on the principles of suppression and efficient regulation of practices, restricting competition; - To ensure the non-discriminatory approach to every enterprise; - To improve the enforcement measures - Etc.   The foregoing puts forward the necessity of improvement of competition policy inGeorgiaand respectively, the care ...

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